Here's the message yet another bullish Wall Street call sends on this Big Tech stock

Published Tue, Jan 23 202411:43 AM ESTUpdated Tue, Jan 23 202411:52 AM EST

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. U.S. stocks were lower Tuesday after the Dow hit a record close to start the week. Investors were digesting quarterly earnings from four stocks in the Dow 30. Shares of Procter & Gamble , also a Club name, were up more than 4% after posting better-than-feared fiscal results. P & G's post-earnings conference call was generally positive. Later, we'll put out our in-depth earnings analysis. Watch your texts and email inboxes. Also on the positive side, Verizon shares shot up 5.5% on quarterly results, too. Major Dow stock laggards were 3M and ex-Club name Johnson & Johnson , which shed roughly 10% and 2%, respectively, on underwhelming releases. 2. Wall Street just issued another bullish call on Club stock Microsoft. Morgan Stanley analysts increased their price target to $450 per share from $415, saying the tech giant's generative artificial intelligence products will help drive market share gains in 2024. We also think these offerings, along with cloud computing segment Azure, are a big part of Microsoft's long-term growth prospect. Morgan Stanley, which maintained its buy-equivalent rating, said its January CIO survey indicated that 68% of companies plan on using Microsoft's AI solutions over the next year. Jim Cramer on Tuesday described the sentiment of the note as telling investors: "If you don't own Microsoft then you don't know what you're doing in the stock market." 3. JPMorgan analysts trimmed their Starbucks price target to $108 per share from $110 but maintained a buy-equivalent rating. Ahead of Starbucks' Jan. 30 earnings release, the analysts acknowledged the company may miss on comparable sales. However, they said improvements to Starbucks' profitability may help protect its earnings. Wells Fargo echoed these sentiments and added that an earnings miss is already priced into the stock. Jim said there's little doubt Club name Starbucks' quarter will disappoint, especially with weakness in China and protests at company stores over the Israel-Gaza war. The question is: has the stock suffered enough? (Jim Cramer's Charitable Trust is long PG, MSFT, SBUX . See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.